Positive context积极背景
Stocks股票 / Real Estate / HIW
Highwoods Properties · Real Estate
HIW US listed · USD美股 · 美元
Mid cap中盘 · $4B
Real Estate
S&P 600标普600小盘Russell 2000罗素2000
Distressed困境股
$31.82
+$0.49 · +1.56%
52w low52周低 $19.83high高 $34.83
Lagging — relative weakness落后 — 相对弱势
Daily low forming, but the bigger trend is still bearish. Small size only; stop below 30.85.日线低点正在形成，但大趋势仍偏空。只适合小仓位；止损设于 30.85 下方。
Live实时
Company intelligence公司情报
The latest call, in context把最新财报放回历史脉络
A synthesized event record across management commentary and recorded metrics. Read as context; verify exact wording in the transcript before relying.综合管理层表述与记录指标形成事件档案。仅供参考；使用前请在电话会原文中核对准确措辞。
Live company record实时公司记录
JavaScript loads the source-bounded event record here. Open Terminal if the live module does not start.JavaScript 会在此加载受来源约束的事件记录。如实时模块未启动，请打开终端。
Continue with full transcript history继续查看完整电话会历史 ↗Pressure context压力背景
History mode历史模式
Context only仅供参考 · not a signal or recommendation不构成信号或建议
Narrative claims may await line-level citation; verify in the transcript.叙述性内容可能仍待逐行引用，请在电话会原文中核对。
Price chart价格图表
daily · interactive日线 · 可交互
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Open the live chart in Terminal在终端中打开实时图表 ↗
Candles, volume and moving averages — pan and zoom inside the chart.蜡烛图、成交量与均线 — 图内可缩放拖动。
MMastermind Terminal — live & interactiveMastermind 终端 — 实时互动 ↗
Technicals技术面
daily bars日线数据 · 2026-08-14
Momentum (RSI 14)动量（RSI 14）
49
Neutral zone中性区域
vs 50-day average相对50日均线
+2.1% above上方
Uptrend intact趋势完好
vs 200-day average相对200日均线
+22.2% above上方
Long trend up长期向上
Volatility波动率
46th percentile第46百分位
These readings feed the stance at the top — one source per number, refreshed nightly.以上读数构成页首的引擎立场 — 每个数字只有一个来源，每晚更新。
Earnings财务业绩
Valuation估值
Looks cheap vs sector相对行业偏便宜| Multiple指标 | HIW | Sector median行业中位 | Cheaper than相对便宜 |
|---|---|---|---|
| P/B市净率 | 1.47x | 1.90 | |
| P/S市销率 | 4.34x | 6.88 | |
| Shareholder yield股东收益率 | 6.20% | 3.79 | |
| EV/EBITDA企业价值/EBITDA | 4.13x | 14.76 |
"Cheaper than" = share of sector peers trading richer on that multiple.「相对便宜」= 行业中该指标估值更高的同行占比。
Financials财务数据
fiscal years财年Revenue营业收入
$806.1M2025
20202025
5-yr growth5年复合增速 1.8%
Earnings per share每股收益
$1.452025
20202025
5-yr growth5年复合增速 -15.3%
Operating margin营业利润率
67.6%
FCF margin自由现金流利润率
44.6%
Balance-sheet quality财务体质 4/6
Bankruptcy risk: distress zone破产风险：警戒区
Watch关注
Leverage杠杆
Net debt / EBITDA净债务/EBITDA-0.03
Capital allocation资本配置
Stock-based comp股权薪酬$8.2M
Share count change (1y)股数变化（1年）+2.1%
Why is it moving为何波动
6 checks · nightly六项检查 · 每晚
Macro宏观
Long-duration name into a restrictive, rising-real-rate regime → rate headwind.长久期标的进入偏紧、实际利率上行的环境→利率逆风。
Positioning持仓
Quiet — no confirmed driver平静 — 无明确驱动
Technical技术面
NEARING A HIGH → BOTTOMING接近高点 → 筑底中
Signal history信号历史
engine events引擎事件
NEARING A LOW → UNCONFIRMED TURN接近低点 → 未确认转向
HIGH-RISK · NIMBLE ONLY. A daily bottoming setup is forming (swing low in, momentum turned up) — but the higher timeframes haven't confirmed it: the bigger picture is still bearish (weekly momentum positive; but rolling toward a weekly cross-down; 3-day crossed down; last cycle left-translated (topped early)). This is an UNCONFIRMED TURN, not a confirmed buy. Weekly confirmation lags price, so this exact reading covers BOTH bounces that fail AND the first leg of a genuine new cycle — you can't tell which in real time, so treat it as a risk/size signal, not a direction call. Measured: weekly-unconfirmed bottoming setups held the low ~49% of the time vs ~68% once the weekly turns up. Last cycle was left-translated (topped early) — a bearish structural tell高风险 · 仅限灵活操作。正在形成日线筑底形态（摆动低点已现、动量转向上行）——但更高周期尚未确认：大局仍偏空（周线动量为正；但正趋向周线向下交叉；3 日线向下交叉；上一周期左移（见顶偏早））。这是「未确认转向」，并非已确认的买入。周线确认滞后于价格，因此同样的读数既涵盖最终失败的反弹，也涵盖真正新周期的第一段——实时无法判定属于哪一种，故应将其视为风险/仓位信号，而非方向判断。实测：周线未确认的筑底形态约 49% 守住低点，周线转向后升至约 68%。 上一周期为左移结构（见顶偏早）——属于看空的结构性信号
Jul 31, 2026
NEARING A HIGH → BOTTOMING接近高点 → 筑底中
BUY SETUP买入预备
Jul 30, 2026
HIW daily MACD crossed downHIW 日线MACD下穿
The daily MACD histogram turned negative — fast and noisy, context rather than a standalone trigger. $33.80.日线MACD柱状图转负 — 快速且嘈杂，仅作背景。$33.80。
Jul 29, 2026
HIW made a new 52-week highHIW 创52周新高
Price reached a fresh 52-week high — a momentum / trend extreme the whole market watches. $34.40.价格创出52周新高 — 全市场关注的动量/趋势极值。$34.40。
Jul 29, 2026
HIW daily MACD crossed upHIW 日线MACD上穿
The daily MACD histogram turned positive — fast and noisy, context rather than a standalone trigger. $34.40.日线MACD柱状图转正 — 快速且嘈杂，仅作背景。$34.40。
Jul 29, 2026
HIW RSI reached overboughtHIW RSI进入超买
RSI(14) crossed above 70 — stretched to the upside; context, not a timing trigger alone. $34.40.RSI(14)上穿70 — 上行过度；仅作背景，单独不构成择时。$34.40。
Jul 24, 2026
HIW made a new 52-week highHIW 创52周新高
Price reached a fresh 52-week high — a momentum / trend extreme the whole market watches. $33.65.价格创出52周新高 — 全市场关注的动量/趋势极值。$33.65。
Jul 24, 2026
HIW RSI reached overboughtHIW RSI进入超买
RSI(14) crossed above 70 — stretched to the upside; context, not a timing trigger alone. $33.65.RSI(14)上穿70 — 上行过度；仅作背景，单独不构成择时。$33.65。
Jul 22, 2026
HIW daily MACD crossed downHIW 日线MACD下穿
The daily MACD histogram turned negative — fast and noisy, context rather than a standalone trigger. $32.50.日线MACD柱状图转负 — 快速且嘈杂，仅作背景。$32.50。
Jul 16, 2026
HIW daily MACD crossed upHIW 日线MACD上穿
The daily MACD histogram turned positive — fast and noisy, context rather than a standalone trigger. $33.41.日线MACD柱状图转正 — 快速且嘈杂，仅作背景。$33.41。
Jul 15, 2026
HIW RSI reached overboughtHIW RSI进入超买
RSI(14) crossed above 70 — stretched to the upside; context, not a timing trigger alone. $32.36.RSI(14)上穿70 — 上行过度；仅作背景，单独不构成择时。$32.36。
Showing the last 15 of显示最近15条，共 276 signals条信号
Company profile公司档案
Style DNA — how it trades vs the market风格基因 — 相对市场的交易特征
Value价值
Below market低于市场
Investment资本投入
Below market低于市场
Shareholder payout股东回报
Above market高于市场
Low volatility低波动
Above market高于市场
Low market beta低市场敏感度
Below market低于市场
Short interest空头兴趣
Above market高于市场
The whole US universe — S&P 1500 and Russell 2000 — read nightly.覆盖标普1500与罗素2000全部成分股 — 每晚更新解读。
Signals, options positioning, smart-money moves and factor DNA — the same engine that wrote this page covers 2,700+ US stocks.信号、期权持仓、聪明钱动向与因子基因 — 撰写本页的引擎覆盖2700多只美股。
Statistics — full detail统计数据 — 完整明细
Valuation vs sector估值对比行业
| Multiple指标 | This stock本股 | Sector median行业中位 | Cheaper than相对便宜 |
|---|---|---|---|
| Price / Book市净率 | 1.5× | 1.9× | 66% |
| Price / Sales市销率 | 4.3× | 6.9× | 66% |
| EV / EBITDAEV/EBITDA | 4.1× | 14.8× | 98% |
| Free-cash-flow yield自由现金流收益率 | 10.3% | 6.8% | 82% |
| Shareholder yield股东综合回报率 | 6.2% | 3.8% | 79% |
Relative strength相对强度
vs market, 1 month相对大盘（1个月）
41/100 — middle of the pack居中
vs market, 3 months相对大盘（3个月）
78/100 — stronger than most强于多数
vs market, 6 months相对大盘（6个月）
85/100 — stronger than most强于多数
vs market, 12 months相对大盘（12个月）
48/100 — middle of the pack居中
Rank in sector行业内排名
#65 / 102
0–100 percentile of total return vs all covered stocks.总回报在全部覆盖股票中的百分位（0–100）。
Price history价格历史
| Period周期 | This stock本股 | S&P 500标普500 |
|---|---|---|
| 1 Week近1周 | +1.1% | +1.2% |
| 1 Month近1月 | -0.8% | +3.5% |
| 3 Months近3月 | +27.4% | +5.2% |
| 6 Months近6月 | +43.5% | +14.4% |
| Year to date年初至今 | +28.2% | +14.2% |
| 1 Year近1年 | +15.6% | +21.6% |
| 3 Years近3年 | +67.4% | +79.7% |
Trading information交易信息
Beta vs market贝塔
0.50
Volatility rank波动率分位
46th pctile
Short interest空头占比
10.1% of float
Market cap市值
$4B
Off 52-week high距52周高点
-7.5%
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Financials — full detail财务数据 — 完整明细
Multi-year record多年财务记录
| 20202020 | 20212021 | 20222022 | 20232023 | 20242024 | 20252025 | |
|---|---|---|---|---|---|---|
| Revenue营业收入 | $737M | $768M | $829M | $834M | $826M | $806M |
| EPS每股收益 | $3.32 | $2.98 | $1.49 | $1.39 | $0.94 | $1.45 |
| Free cash flow自由现金流 | — | — | — | — | — | — |
| Gross margin毛利率 | — | — | — | — | — | — |
| Net margin净利率 | 48.6% | 42.1% | 19.8% | 18.1% | 12.6% | 20.2% |
| FCF margin自由现金流利润率 | — | — | — | — | — | — |
Latest fiscal year最近财年
Revenue (FY)营业收入（财年）
$806M
Operating cash flow经营现金流
$359M
Total assets总资产
$6.3B
Shareholder equity股东权益
$2.4B
Dividends paid股息支出
$217M
Shares outstanding总股本
0.11B
Returns & growth回报与增长
Asset growth资产增速
+4.1%
Accounting quality checks会计质量检查
- Earnings quality: earnings cash-backed盈利质量：盈利有现金支撑
- Capital discipline: share count +5.8% over 6 years (dilution)资本纪律：股本 6 年增加 5.8%（稀释）
- Balance sheet: Altman Z 0.77 — distress zone资产负债表：Altman Z 0.77——困境区
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Technicals — full detail技术面 — 完整明细
Indicator readings指标读数
RSI (14-day)RSI（14日）
49
RSI (2-day)RSI（2日）
85
vs 20-day average相对20日均线
-2.6%
vs 50-day average相对50日均线
+2.1%
vs 200-day average相对200日均线
+22.2%
Golden cross (50>200)金叉（50>200）
in effect生效中
MACDMACD
below signal位于信号线下方
Timeframe alignment多周期共振
Daily日线
momentum down动能向下
3-day3日线
momentum down — fresh downturn动能向下——刚刚转弱
Weekly周线
momentum up动能向上
When daily through monthly point the same way, moves carry further.当日线到月线方向一致时，行情往往更有延续性。
Volatility regime波动状态
Range width percentile波幅宽度分位
53/100
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Earnings — full detail财务业绩 — 完整明细
Estimate revisions预期修正
Estimate change, 90 days预期变化（90天）
-7.9%
Net upgrades, 30 days净上调（30天）
+0
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Ownership — full detail持仓 — 完整明细
Insiders & shorts内部人与空头
Short interest空头占流通盘
10.1%
Days to cover回补天数
6.4
Short interest change空头变化
+8.3%
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Seasonality — full detail季节性 — 完整明细
Strongest month最强月份
May · 100%
Weakest month最弱月份
Feb · 33%
Month by month逐月统计
| Month月份 | Closed higher收涨占比 | Median move中位涨跌 | Years年数 |
|---|---|---|---|
| Jan1月 | 67% | +0.4% | 3 |
| Feb2月 | 33% | -0.4% | 3 |
| Mar3月 | 67% | +2.1% | 3 |
| Apr4月 | 67% | +0.5% | 3 |
| May5月 | 100% | +6.2% | 3 |
| Jun6月 | 100% | +4.7% | 3 |
| Jul7月 | 75% | +9.7% | 4 |
| Aug8月 | 50% | +5.8% | 4 |
| Sep9月 | 67% | +1.0% | 3 |
| Oct10月 | 33% | -10.4% | 3 |
| Nov11月 | 33% | -1.0% | 3 |
| Dec12月 | 33% | -5.7% | 3 |
History is a tendency, not a promise — small samples wobble.历史规律只是倾向而非保证 — 样本少时波动大。
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。